According to PlasticOceans.org, the United States consumes an average of 60 billion single-serve plastic water bottles every year. rOcean is hoping to change that.
rOcean is a water filter device that connects directly to your home's tap water. Sunjay Guleria and Mohini Boparai Guleria co-founded the company together to bring a cleaner, more convenient option to the market.
The pair join Cheddar to show the prototype for the device. rOcean went live on Indiegogo today, and the Guleria's expect that orders will be shipping by Christmas.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The global bottled water industry is booming, and it's coming at a steep environmental cost, according to the United Nations University Institute for Water, Environment and Health.
Sanofi has announced that it will lower the list price of its insulin drug, Lantus, by 78 percent and will set a $35 cap on out-of-pocket costs for all patients.
Eleven of the biggest U.S. banks Thursday announced a $30 billion rescue package for First Republic Bank in an effort to prevent it from becoming the third to fail in less than a week and head off a broader banking crisis.